Recoverable Damages in Car Accident Cases
Recovering your lost wages, medical bills, property damage, loss of life’s joys, and other related costs.
Damages are generally defined as the amount of money that is provided to compensate someone who has been harmed by another’s wrongdoing or negligence. In Florida, there is a no-fault component to damages, which means that each driver generally seeks compensation from his/her own insurer in the event of a car accident, unless there is death or serious personal injuries involved. There are various types of damages that a victim may be awarded in a personal injury lawsuit. These damages are broken down into two general types of damages: Economic Damages and Non-Economic Damages.
Economic Damages you may be entitled to:
- Medical expenses – past and future
- Past lost income
- Future lost income, reduced to present value
- Loss of consortium (if you were married at the time of the accident)
- Loss of support and services
- Loss of appraised fair market value of real property
- Cost of construction repairs, including labor, overhead and profit
- Replacement value of lost personal property
- Any other economic loss that would not have occurred but for the injury
Non-economic damages you may be entitled to:
- Pain and suffering
- Mental anguish
- Inconvenience
